Home Cryptocurrency Bitcoin (BTC) Price Blasts Past $54K; Coinbase (COIN), MicroStrategy (MSTR) Book 17% Gains

Bitcoin (BTC) Price Blasts Past $54K; Coinbase (COIN), MicroStrategy (MSTR) Book 17% Gains

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The largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced, CoinDesk data shows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.

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